The Energy Regulatory Commission (ERC) has given the green light to terminate two power supply agreements (PSAs) involving power units owned by San Miguel Corporation and Manila Electric Co. (MERALCO), with a...
The National Grid Corporation of the Philippines (NGCP) is working to have the Php 52 billion Mindanao-Visayas Interconnection Project (MVIP) operating at its full capacity by the year’s end, citing a “final...
MGen Renewable Energy, Inc. (MGreen), a subsidiary of Meralco Powergen Corporation (MGen), is allocating Php 15.9 billion for an investment in SP New Energy Corporation (SPNEC). This substantial investment contains a subscription...
The National Grid Corporation of the Philippines (NGCP) is seeking support from the government to fast-track the completion of the Batangas-Mindoro Interconnection Project (BMIP) by December 2025. The major interconnection project was...
The Department of Energy (DOE) said that the attacks on Israel will not have long-term effects on the country’s oil and gas prices unless the conflict escalates. In a report by the...
The Manila Electric Company (MERALCO) has announced a Php 0.4201 per kilowatt-hour (kWh) increase in electricity rates for the month of October, bringing the overall rates to Php 11.8190/kWh. For typical households...
The Energy Regulatory Commission (ERC) has begun its focus group discussions (FGD) and preliminary studies for the upcoming round of the green energy auction (GEA), which will integrate renewable energy projects and...
Australian companies are looking into a public-private partnership (PPP) in the country for a 40-megawatt (MW) gas-cooled reactor, the Department of Trade and Industry (DTI) said. DTI said that Southern Infrastructure Pty....
From PHP 630 billion industry this 2023, the Philippine energy sector is anticipated to soar to more than PHP 7.6 trillion by 2040, the Energy Regulatory Commission (ERC) said. In a report...
Amid the government’s promotion of electric vehicles (EV) rollout, Department of Energy (DOE) Secretary Raphael Lotilla rejected proposals for strategic petroleum reserve (SPR) or oil stockpile citing the need for thorough study....
